Lowest function (excluding current candle)

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  • 07/25/2021 at 8:54 AM #174104 quote
    phanz
    Participant
    Average

    Hi all,

     

    Have a qn:  does the lowest function include the current candle?  So example, if current day is Monday, and I want to find the lowest daily price last week, so I have to do lowest (6).  But the problem is lowest (6) will consider current low also.  I just want to consider the low between last monday , tues,wed,thurs,fri.  How do I go about defining this pls?

     

    Tks

    07/25/2021 at 11:05 AM #174116 quote
    robertogozzi
    Moderator
    Master
    Lowest[5](low[1]) //or Lowest[5](low)[1]
    phanz thanked this post
    07/26/2021 at 8:35 AM #174160 quote
    phanz
    Participant
    Average

    Thank you very much.  Now I am able to replicate the Donchian Upper and Lower Bands (blue dots)

    However, what I really want to find out is to create a narrower band of the Donchian, but keep the overall trend lines.  I use the code below.  Although the band has narrowed red dots, the look of the tighter band does not exactly match the Donchian bands.  Any advice on how I should modify my codes to correct this?   The codes are below and I have also attached the screenshot.  Thank you very much.

     

    LBand = lowest[interval](low[1]) // same as Donchian Lower Band
    UBand = highest[interval](high[1]) // same as Donchian Upper Band

    diffBand = (UBang-Lband)/Bfactor

    LBandNew=LBand+diffband
    UBandNew=UBand-diffband

    return LBandNew,UBandNew, LbandOrig, UBandOrig

    [attachment file=”WhatsApp Image 2021-07-26 at 1.25.57 PM.jpeg”]

    07/26/2021 at 8:42 AM #174161 quote
    phanz
    Participant
    Average

    this is the screen shot

    WhatsApp-Image-2021-07-26-at-1.25.57-PM.jpeg WhatsApp-Image-2021-07-26-at-1.25.57-PM.jpeg
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Lowest function (excluding current candle)


ProBuilder: Indicators & Custom Tools

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phanz @phanz Participant
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This topic contains 3 replies,
has 2 voices, and was last updated by phanz
4 years, 6 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 07/25/2021
Status: Active
Attachments: 1 files
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